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Market Impact: 0.16

Soybeans Down a Penny Early on Friday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Soybeans are trading 1 to 2 cents lower early Friday after Thursday's fractional to 8-cent losses, while open interest increased by just 2,894 contracts. The cmdtyView national average cash bean price fell 7 3/4 cents to $10.61 1/2, indicating modest near-term pressure in the cash market. Soymeal futures were mixed, with downside of $1.00 mentioned, but the article is primarily a routine price update.

Analysis

Soybeans are trading 1 to 2 cents lower early Friday after Thursday's fractional to 8-cent losses, while open interest increased by just 2,894 contracts. The cmdtyView national average cash bean price fell 7 3/4 cents to $10.61 1/2, indicating modest near-term pressure in the cash market. Soymeal futures were mixed, with downside of $1.00 mentioned, but the article is primarily a routine price update.

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Market Sentiment

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